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Digital assets, cryptocurrencies, blockchain, and currency news.

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Bitcoin Hits 12-Week Low as Fed Rate Fears Erase Most of Summer Rally
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Bitcoin Hits 12-Week Low as Fed Rate Fears Erase Most of Summer Rally

Key Highlights: Bitcoin remains about 16% above its late-June low near $59,000 but has fallen roughly 21% from its autumn peak around $86,000. U.S. spot Bitcoin ETFs recorded approximately $1.49 billion in net outflows across six consecutive sessions. Markets are pricing in a 91.9% probability of a 25-basis-point Fed rate increase in December, while Bitcoin’s ...

Baillie Gifford Adopts Ethereum as Legal Register for UK Funds
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Baillie Gifford Adopts Ethereum as Legal Register for UK Funds

Key Highlights BAGEY uses Ethereum as the legal register of record for investor ownership in a regulated UK fund. The fund was announced on June 22, 2026, launched units on Solana, and began minting units on Ethereum on August 5, 2026. BAGEY targets approximately 7% yield, offers daily trading, and is available only to eligible ...

Senate Banking Committee Races Toward Hearing on New SEC Nominations
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Senate Banking Committee Races Toward Hearing on New SEC Nominations

Key Highlights The White House nominated Nathan Anonick and Matthew Rowland as potential CFTC commissioners. The nominations include one Republican and one Democrat, an unusual move for the administration. The Senate Agriculture Committee has not yet scheduled a confirmation hearing. White House Names Bipartisan CFTC Nominees Alongside its announcement of two nominees for the Securities ...

OpenAI Launches ChatGPT Wallet to Enable Payments With AI Agents ‘Dots’
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OpenAI Launches ChatGPT Wallet to Enable Payments With AI Agents ‘Dots’

Key Highlights OpenAI has launched ChatGPT Wallet to let its AI agents make payments on behalf of users. The payment feature was developed with American Express, Mastercard, and Visa. ChatGPT Wallet will initially be available only to Pro subscribers. OpenAI Launches ChatGPT Wallet for AI-Powered Payments OpenAI has launched ChatGPT Wallet, a payment feature designed ...

Solana Memecoin Decline Signals a Return to Fundamentals, Seasons CEO Says
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Solana Memecoin Decline Signals a Return to Fundamentals, Seasons CEO Says

Key Highlights: Stablecoin assets on Solana increased 51% year over year to $15.7 billion in the first half of 2026. Tokenized-equity trading on Solana reached $4.9 billion, with the network’s share of onchain spot trading rising to approximately 97%. Didovskiy said investors should track “prevalence,” measured by Solana-integrated applications and unique network users. Institutional Capital ...

Bitcoin Faces Sixth Straight Weekly Loss as Anthropic’s Blockbuster IPO Looms
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Bitcoin Faces Sixth Straight Weekly Loss as Anthropic’s Blockbuster IPO Looms

Key Highlights Bitcoin is heading toward its sixth consecutive weekly decline, extending losses across November, the fourth quarter and 2026. Anthropic’s anticipated IPO has attracted orders worth roughly six times the shares available, Bloomberg reported. Anthropic aims to raise up to $64.4 billion through the offering, alongside a $26 billion private placement. Bitcoin Faces Sixth ...

Foundation CEO Zach Herbert Urges Hardware Wallet Makers to Build Locally
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Foundation CEO Zach Herbert Urges Hardware Wallet Makers to Build Locally

Key Highlights Herbert is calling for locally manufactured hardware wallets, physical tamper detection, and open-source designs. The October 2026 Ledger supply chain breach involved tampered hardware and was linked to estimated losses of $86 million to $100 million. Foundation Devices presents its US-built Passport and Passport Prime wallets as examples of the security model Herbert ...

MEGA Cuts 20% of Staff as It Pivots to AI Inference Products
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MEGA Cuts 20% of Staff as It Pivots to AI Inference Products

Key Highlights $MEGA is shifting from network stewardship toward building first-party products on the MegaETH network. The organization has allocated $30 million from its existing treasury to fund new products, starting with an AI inference marketplace planned for December 2026. MegaETH’s total value locked fell from more than $245 million in May 2026 to approximately ...

CFTC Chair Selig Criticizes States Targeting Prediction Market Founders
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CFTC Chair Selig Criticizes States Targeting Prediction Market Founders

Key Highlights: Utah has escalated its dispute with Kalshi by pursuing criminal enforcement against company executives. CFTC Chair Selig is defending the agency’s claim that federal authority over event contracts and prediction markets is exclusive. New federal geofencing guidance puts prediction-market platforms between CFTC instructions and conflicting state court orders. Kalshi Faces Criminal Escalation as ...

Flare Joins LayerZero’s Security Network
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Flare Joins LayerZero’s Security Network

Key Highlights Flare has joined LayerZero as a Decentralized Verifier Network (DVN). LayerZero’s Omnichain Fungible Token (OFT) issuers will be able to add Flare network-level verification to cross-chain security systems. Flare’s DVN is expected to launch on mainnet in early December, initially supporting Flare and Ethereum. Flare Joins LayerZero’s Decentralized Verifier Network Flare, a blockchain ...